HomeMy WebLinkAbout0503 To pl~ ~r?d oau~mrov~ly kNp on ~M buildinps now w MfNItM ~ihlil~ O/' s~~d tand snd on alt equjpment and p~rwnally cownd by thl~ matp~
p~, with ~11 pr~miv~u~on paid ie full, fin insu~anc~ in ~M uiual ~undasd policy fam, in • sum ~ppror~d by th~ MORIGAGEE, and windttorw~
imunn0~ M 11N~pw1 ~tandard pOlity Iwm~ its =~r:~.-~ ?i uns.n~y:f. 4:r^;s~, rN ~!~€+nisa ~f tM MORTGAGEE mNy
d~r~t Md d1 fk~ ai+d windswnn inwr~np polici~s on ~ny of ~aid bviM~np~, any intern~ ~Mreio o~ p~H ihaeof, in IM apqrpat~ wm ~fwNaid w
M~xpp thN~of, sAall oo~?fa3n tM wwl s+~ndud mortp+p~~ dwN or sutl~ WMr clws~ as Iht Malqaqe~ may rpuu~. makinp tM lws ~nd~r ud po1E
cia. ~sch a~d ~wry. WYsbl~. w said MORTGAGEE a ib intaeU m~Y ~PPN~. ~nd e+th and ~vtry ~~ch poiecy ~hail b~ promptly aa.qned and d~livN~d to ~
~ny h~ld by uid AAORT(3/1GEE p furtl+K Ncvrity to ~+id mortpap~ d~b1. +~d, na bu ~hN+ ta+ (10) d~ys in ~dvanc~ ot d» ~xp'ua~ion of ~ach policy. ro dr , r
Uwr b ~aid MORTGAGEE ~ r~Mwa1 tM~wf, to~tiw~ with ~ nt~ipt fa tM prtmium of tuch rsnswslJ ~nd iha~ ihall b~ no tir~ o~ windsrwm Iruwant~
pl~cad on ~ny of s~W buildnp~. uhr inte«q thK~in or pa~l tl+~~~of, ~nNu in tFr form ~nd wifh ri,~ lou pay~ble ai afa~i~idj ~nd in rM wenl any ~un+
of moMy bacomq pay~W~ und~r wch policy o~ polici~s iaid MORTGAGEE shall Mw tM op~3on ~o r«eive and apply tFw s~m~ on accown ot tM ied~bt~d-
Mp sKt?~~d Mr~by O~ b pKmit a~id MORTGAGORS fo rtt~iv~ ar~d us~ It p•ny pa~t thereof fw other purposes, wi~hout thareo/ waiving w~mpair-
Irq ~ny puity. lia~ at tght ~entlM w by vlrtus of Mis mottpap~t and in tM ~wnt s~~d MORTGAGORS shall fw ~ny .~iwn fail ro ke.p H+. said pr.n+i•es so .
iruw~d, or f~U b deJiva pramptly ~ny of said politi~s cf inwranu ~o said MORTGAGEf, o~ fail promp~ly to pay fulty any premivm therelor a in ~ny . ~
r~~p~ct tall b p~rian~, disthu~. execvh. ~ff~c1. compl~te. comply with ud ~bid~ by th~s covenant, w any p~~~ heraof, said MORTGAGEE may plic~ u+d .
paY fo? wd~ ieawar~ w~nr pu1 tMrwf wittwut wahrinp a ~Hactinp a~y option, Ik~, puity. o~ riyhf undy o. by vinw of ~hii Matqaqe. ~nd the
full ~npuel of ~ach aed ~vKy wch paymtm sMll b~ imnediately du~ and payabl~ u~d shall be~ intKesl trom th~ dat~ thereof until paid at tM rat~ ol _
nin~ p~r ur?wm pp ~nnum ~nd to~~the~ with such Inrerest shall bs ~acu~ed by tM IiM oi this mortgaye. . .
4. To pMmit, aonunit a wff~r no ws~t~. ITWIff1M11t p dttNiOf~~iqf O~ 3~KI pfOpNN Of My p1~t fI1Qf~.
S. To pay a11 a~d sinpular tM coat~ cMrpet and exp~?se~, includinp a naso~bl~ +t~aney'~ fe~ and cw~s of abatr~ct~ of title, inc~r~~d w paid at
~ny 1G+w bp ~aid MORTGJIGE£ b~uw~ or h+ th~ wNa of the f~ilw~ oa tiw p~rt of tM'ssid MORTGAGOR w duly, promptly ~nd fvlly paform, dach+rq~
execut~, ~ff~q. c,ompl~q, tomply with w~d ~bid~ by ~ach and way tM stipulatioes, ~green+an~s, conditiora, a~d aovsnants of sa~d p~om~uwy note and thia
mwtyp~ a~ryr a titlw~. u~d f~id coits, char~s and ~xpense~. ~acA and wery. sMll be immed;atety due and p~yabl~; wlathsr a not ther~ b~ notiu dr
mand, ~~empt to aotMct or wit p~ndirgj ~nd tM full amouM of each and we?y wch payment ihalt beu intere~~ from th~ dat~ ths~wf umil p~id al the
rate of nin~ Re~ ttotum per arwx?m; and ~II s~id oosM. charges and expnws ieKwred a pafd, together with s~ch ImerKt: ~hall b~ s~tured by th~ lisn of tha
mort~sp~• _
b: TMt W In th~ went of any breach of th4 Mwtpap~ a d~fwlt oe~ th~ psrt of the 141lORTGAGOR, or (b) in th~ ~wnt any of w7d s•.rns of mon~r
heroin nfMrd b b~ not ptornptly and fvlly psitl within thirry (30) dr,ys ~ext after ~he sama sevcrally become due and payable, withovt demand w nolict,
or h ths ~wnt each and ~wry tM iY~pulations, a9~eem~nts, cond~tions snd coven+nts of sa~d promisaory note and th~s mwtyape a~r a ei~he? nw
iulY, pompNy ~nd fvlly p~riormsd, d'+scFw~ed, ~xacu~ed, ~ffMed. completed. complied~with Md abided by, tMn in eithtr a u+y such ewnt IM said ~g
preyab wm mN+fior»d in s+id pomiuwy not~ then ranaini^0 uoMid, with iruerest acuwd. sr?d all moneys tecw~d Mreby. sh~ll b~aam dw ~nd WY
eble (athwith~, oI thKqha, a1 tFw option of said MORTGAGEE, as f~lly and completely as if all oi ~he s~id sums of maNy wer~ aginally stipulated
to be paid on such d~y, anythi~g in ssid promiuory note w in this Mor~yags ro ~M contrary notwithstandir?g; and there~pa+ w ~Ae~~aftN at th~ option of
seid MORTGAGEE, wftlaut notice w dam~nd, wit at law a in aqvitr, there(ore w thereatter begun, may be prosecuted as 1f a!1 moeeys s~evr~d hutbr
had matund ptqf to ib ir~titution. -
7. TMt ~ tM ~vent tMt at the beginnirg of w at ~ny time pending any wit ~pon this Nlortgsge, w ro foreclos~ it, o~ to ~efam it, a to enfwu
payrnMt of any da&ro lw~w~der, ~+k! MORTGAGEE ihall ~pply ~o the Coun tuving ju~~sd~cuon ~he~eof fw ~he ~ppointment of ~ Receiver, svch Ca?rt shall
forthwith appoint a rtoeiwr of ~aid mafpap~d prope?ty all ~nd sinpvlu. inctud~ng a7i a~d singular the income. profiri, issues and rtvemies from whatev~r
foutq dN'tVld. fiC~1 afM~ ~vll~I Of whiCh, it bli11D fXpt!lfly undCrsiov8, ii i~euy ~iw~iyeya+i ei ii sytt4ircuiiy ~'ri ii~iii~ i~~ti de~u~wrd N~ ii~B y~i:.i"w.~ it.3
habendurn tlauses huwi, and suth R~ceiver shall IWVe all the broad and effective fiincrans ared powe~s in anywise entrusted by a Court to ~ Receiva, and
wch sppointm~nt sh~ll be mad~ by wch Court u an admitted equity and a rrwtter of absolute rght to said MORTGAGEE. ~nd without ~efere:ict ro tht
adequacy p inad~q~~cy of tM v~lw of ths property mortgaged a to the sonrency or ~nsolvency of sa~d MORTGAGOR w the def~ndants, and tMt such
~ents, profits, inoorm, iuues ~nd rwenws ~haN b~ applied by such Receive+ auord~ng to tM lien or aquiry of aid MORTGAGEE and ~h~ practiu of wch
Co~rt.
S. To dufy, p~omptly ~nd f~lly perform, d~scha~e, execute, effect, compkte, comply w~th and "sbids by each and weryt ths stip~latiaa a~reemsnts,
conditiont u+d covena+h in said promissory nae and ~his monyspe set fwth.
9. Th~R in the evem ~h~ ownenhip of ~he morrg~yed premises. w,mr pan thereof, becornes vested in a person o~her than rhe MORTGAGOR. th~
MORTGAGEE, Hs svcussors snd ~uipns, msy, withouf notice to the MORTGAOR, deal with such successo? or successor in intereit with refe?erw to this
mwt9~ and tFk debl hereby Ncwed in tM samt maranet n with Mwtyspor without in any way vitlatiny d d~sch+r~inp the Mwtqagus' liwbility her?'
under or upon tM d~bt her~by s~cured. No s+k of ths prem;ses hereby nw.tyag~d ~nd no fwbcarsnce on tAe p~h of ths MORTGAGEE a ita successors
or auigm and no exter?iion oi ths time fa the p~yment of the d~bf hereby secur~d yiven by the MORTGAGEE w i» .sucus~ws or ~ssiyns, rhall op~raq
ro ~elsas~, d~scM~ys. modify charge a affect the orip~nal Iiab~Gty of ihe IYIORTGAGOR hereu~, either in wFwle a in part.
10. H b spetifically apreed that time is of tFq essencs of thia contrad and that no waiver of amr obligsian hereu~der a of tM obfipation se-
cured Iw~by sAall at u~y tim~ ther~afiar be heW ro be a waivar of the tem~ hereof a of the irotrument sea?ed herby.
~
11. In addition to ths forcpo:ng monthtY paymsnts of prierc'p+l u~d interest required by the prom~ssory nore secured hereby. mortgsgor covenants
end a~~ees to pay to mortgagee with esch monthly payment an addirion~l swn est~mated by mortgagee to be eqval to 1/12 of the annwl cosl of the follow- _
ing: .
A-All real propeity ts:es kvied or assessed against the above descritsed ieal esate.
B-P~emiums on fire and windstam inswance as here~n requued to be carried on the improvements sitvate on the ~bove desvibed premises.
C-Premiwms on wch matpage 9wranty insurance u mortgagee shsll fran t~me to time deem fit to csrry on the loan secvred hereby.
M1ort9agee ahsll from tirt~e to time norify mwtgagor in writ~ng of the amount dve and payable hereunder and :uch wm shall M~ereup~n be dve and
payable on ti+e due dare of ~he ee,ct monthly paymenr and each successive mon~h fhereafter urNl mwtgsgee shall notify mor~gag« of a change in wch
amounf. Such sums ahall be applied by mortgsgee loward the payment of real p~aperty taxes, i~ ~urance prem~ums, and mortyage guaranty inwrance
' premiums.
; IN WRNESS WHERE he s~id MORTGAGOR hss hereunto set his hand and seal the day and r f t esai~~
! • 1 in tM prparKe of: ~ '
! FIlEO AMD AECOROE~
S1.lUC1E COIIK?ll FLA. p21 n
~ CL RKCC RCU T~CO t ~
~r."1.^^ "C 1~1E~ n
~ R y rap ari ~
STA:E OF FLORIDA ~ ~ ~UG ~5 (O 3g a' 1~
courmr oF St . Lucie ~
e.ra. ~.s«Wn,, ,~...~a Anthony Trayani `~~f~~s -
.~a
Judy L. TraFani his wile, to me well known and known ro me ro M
the Ind'nidwb d~wibed in ~nd wia executed tF~e fweyoinp &atrument, ~nd adu~owledQed before !tia tMt ?~.y ~.«,n.~.1 ?F~.-_.~. {n. lf.. rn.nr,._._s~•,~
rhe.eu+ ~xpres~ed. Md tM sa:d .T ~ A v T TrA1~B
ni ~ ~ ~ ~ : -
~
wife o~ ..~d - Anthony TY'~na11i ~t' tl_~' ~
. upqi?,! Np+ldf and privs»
exsminsYan by ms tsken seps~att u~d apsrt from her said husb~~d. ~dcrwvvl~dgcd to and befwe me that ~he ezecuted saj~'ii~ttrw~Whe~fy,~nd volun~
rarily and without a^Y oomPulsio~, constraint, apprehension, o~/e~r of a from her said M,aband. ~ s,'~`-••. v':
w~rr~lESS mr hu~d .~a official iM._T7 ! a.Y o '..'~G s:' it ~fs. ~~93?_
:
~ ' Pu lic i~+ ~nd fw ~F _ t~r9i:
~ Return Ta Y~~~~s~ion txpira: 'j i~
Firu hderal Savinps 3 loan /usociaiion ~ Pvbt~si~•-~f`•o« ~~~/.1, -
~ N ~Y , . ~ .
~ Of Fort v~erce. ~~y Cott?elkcial~:~r i~~y~y. ~,f,
y ~
Fort Pierce. Fbrids ~ ~ " ^
~nded by'Al:~LO D;.~ r,
"s.:, , t
.
- i .
__Ihis_lnstrumenL Prepared By J. H81 RobeY't s, Jr . `
First Federal Savings & Loan Association
of Fort Pierce
Fort Pierce, florida 33450
Checked By d R .
600X P~CE ~
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. - i ' _ ~